Instruction 10-1
Are Chinese Managers More Motivated Than Australian Managers

question 164

Multiple Choice

Instruction 10-1
Are Chinese managers more motivated than Australian managers? A randomly selected group of each were administered the Sarnoff Survey of Attitudes Toward Life (SSATL) , which measures motivation for upward mobility. The SSATL scores are summarised below.
$$\begin{array} { | l | l | l | } \hline & \text { Australian } & \text { Chinese } \\\hline \text { Sample Size } & 211 & 100 \\\hline \text { Mean SSATL Score } & 65.75 & 79.83 \\\hline \text { Population Std. Dev. } & 11.07 & 6.41 \\\hline\end{array}$$
-Referring to Instruction 10-1,suppose that the test statistic is Z = 2.45.Find the p-value if we assume that the alternative hypothesis was a two-tailed test (H₁: ?_A - ?_J ? 0) .

• A) 0.0142
• B) 0.4929
• C) 0.9858
• D) 0.0071

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Definitions:

Equilibrium Price

The equilibrium price is the market price at which the quantity of goods supplied is equal to the quantity of goods demanded, leading to market balance.

Equilibrium Quantity

The amount of goods or services supplied that is equal to the amount demanded at the market equilibrium price.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to market equilibrium.

Equilibrium Quantity

The quantity of goods or services supplied is equal to the quantity demanded at the market price.